German telecoms group Deutsche Telekom (DT) has reported net revenues of EUR14.432 billion (USD18.72 billion) for the three months ended 31 March 2012, a decrease of 1.1% from EUR14.597 billion in the year-ago quarter. The lower-than-expected decline was helped by stabilisation of its European business and slight growth of the T-Mobile USA unit, which saw revenue rise 2% to EUR3.8 billion and adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) climb 12.9% in Q1 2012 to EUR1.0 billion
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OVETEL DT confirms outlook on ‘satisfying’ Q1 results
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